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mike not very good action today. closing at session lows and futures look to be rough on monday as well. >> yeah, it's interesting, when they filed out of the white house, this was post close, if you're looking at the mini futures, they dropped by about ten handles off that. a lot of disappointment among the futures markets at what isn't going on there. i think there's good reason for that, but it's hard to imagine what could have emerged from this that would have been so much to feel good about. because really with the amount of time they have remaining, whatever solution we're likely to get is only going to be patchwork at best and it's hard to imagine the equity markets will rally strongly off of some half hearted solution. >> it might not have rallied, but we night not see a ten-handle drop in the s&p minis. we should give you context, the volumes are very light, but if we had the catch pork, we could have seen stability in the markets. >> that's right. we wouldn't have seen it drop 15 handles. we like to talk ab
mike not very good action today. closing at session lows and futures look to be rough on monday as well. >> yeah, it's interesting, when they filed out of the white house, this was post close, if you're looking at the mini futures, they dropped by about ten handles off that. a lot of disappointment among the futures markets at what isn't going on there. i think there's good reason for that, but it's hard to imagine what could have emerged from this that would have been so much to feel...
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it's mike viqueira. the question is, did the president know and as charles krauthammer outlined, you know, that he was going to crush the republican opposition, listen. i'm going to toot my own horn a little bit. i wrote about this two days after the election. what the president has done is take a battlefield victory and pursued the enemy in the woods and routed them. the advisers know that john boehner could not, cannot, would not pass a bill in the house of representatives to raise tax rates. john boehner came out the day after the election and tried to preempt that. he knew it was coming and trying to raise revenues closing loopholes. we won't raise tax rates, however. the president has compromised. he's gone from 250 to 400. he's changed some other things. he put the social security benefit reductions on the table. the so-called chain cpi and they knew all along -- i don't know if this was third intention or overt thinking but they're very smart people and no wriggle room, no flexibility for john boe
it's mike viqueira. the question is, did the president know and as charles krauthammer outlined, you know, that he was going to crush the republican opposition, listen. i'm going to toot my own horn a little bit. i wrote about this two days after the election. what the president has done is take a battlefield victory and pursued the enemy in the woods and routed them. the advisers know that john boehner could not, cannot, would not pass a bill in the house of representatives to raise tax rates....
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mike -- >> karen, yeah, forgive me i'm looking at my black bery -- >> i've got mine. we're standing by waiting for some news of something, right? >> exactly. i have got a couple e-mails out looking for readouts of w457d ov what happened over there. >> having been on both sides of this as a staffer, sometimes the fact that nobody came out and said anything -- >> you took the words right out of my mouth, and i was going to say you have experience in these things. the fact they haven't all rushed to the microphones and delivered withering scorn on each other. they've only been out for about 15 minutes, maybe we need to give a little more time. maybe that's a positive thing. what we do know, karen, heading into this is that the president was sticking by his original proposal more or less. he had gone back down from the $400,0 4 $40,000 level back to his original $250,000. that's what he was going to put on the table along with some other things. clearly not something designed to gather a lot of republican support, certainly not in the house and probably not in the senate
mike -- >> karen, yeah, forgive me i'm looking at my black bery -- >> i've got mine. we're standing by waiting for some news of something, right? >> exactly. i have got a couple e-mails out looking for readouts of w457d ov what happened over there. >> having been on both sides of this as a staffer, sometimes the fact that nobody came out and said anything -- >> you took the words right out of my mouth, and i was going to say you have experience in these things. the...
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the injury forced him to miss a start but head coach mike shanahan says griffin's knee looked good in practice today and that he is growing more comfortable with the brace on his right knee. the cowboys are in a precarious but familiar position, having to win their last regular season game against the division forks on the road to get into the playoffs. this is the third time in the last five years they've had to do it. they lost in philadelphia in 2008 and in new york in 2010. they don't want to repeat that trend and go home. but players and fans alike know anything is possible in that thanksgiving day game tony romo threw for 441 yards and three second-half touchdowns in a loss. the fact of the matter is, in a smash mouth nfc east battle wearing at stake, anything can happen. >> this is one of the first rivalries you hear about when you join this team. it's a lot of pride behind this game. it will be one of those old- school knock-down drag-outs. the last man standing will feel like he lost, too, probably. >>> we're in day 104 of the nhl lockout. today a new offering to the players
the injury forced him to miss a start but head coach mike shanahan says griffin's knee looked good in practice today and that he is growing more comfortable with the brace on his right knee. the cowboys are in a precarious but familiar position, having to win their last regular season game against the division forks on the road to get into the playoffs. this is the third time in the last five years they've had to do it. they lost in philadelphia in 2008 and in new york in 2010. they don't want...
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>> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast and new england. causing new trouble for post holiday travelers. an american airlines plane ended up stranded on a snow. >> tarmac in pittsburgh. just outside new york city a southwest jet got stuck in the mud after skidding off the runway. in some of the hardest hit area the roads are even worse. >> i lost count of number of cars in the ditch. a jackknifed tractor trailer and a horse trailer turned over. >> i have seen ten cars in an accident. i saw a lexus fly into the ditch. >> i wish people would slow down a little bit, you know. it is pretty slick. >> harris: the storm will go into the his tor the history br leaving b
>> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast and new england. causing new trouble for post holiday travelers. an...
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mike? >> good evening. coming out o a big white house meeting everybody agrees that the next step should be the senate taking the bipartisan action. so the pressure shifts to senate majority leader harry reid. and what he may be able to strike to get at least some republican support. >> house republicans voted pass the tax cut and automatic cut to defense and domestic program starting in the new year. so they shifted the focus for the need for majority leader harry reid and the senate democrats to do something. >> the way the senate is fon functionm right now, not even bringing the bills upper committee is frustrating to those of us in the house that are doing the work that has to be done. if senate wants to resolution, the senate has to actually pass something on this. we have done our work. senate has to respond. >> challenge is determining what passed the republican-led house and democrat-controlled senate. fiscal conservatives say a smaller stop gap measure to avoid the cliff won't work. >> if we, in fa
mike? >> good evening. coming out o a big white house meeting everybody agrees that the next step should be the senate taking the bipartisan action. so the pressure shifts to senate majority leader harry reid. and what he may be able to strike to get at least some republican support. >> house republicans voted pass the tax cut and automatic cut to defense and domestic program starting in the new year. so they shifted the focus for the need for majority leader harry reid and the...
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karen, is she still miked? >> yes, i am. got one more day. >> you think you are going to have big news to report tomorrow? >> somehow i don't think so. karen let me explain something to you. you want to say yes. there will be huge news. >> i'm going to be watching you for huge news about what happens in the white house tomorrow. >> coming up, there will be my prediction of who will win the senate seat in massachusetts. i am ready to pick a whipper in that race. tweet me your guess s. you ckacan tweet your guess s at who will win the race. the guys in the vatican, don't want other guys to be married. if they are gay. hat time of yea. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magi
karen, is she still miked? >> yes, i am. got one more day. >> you think you are going to have big news to report tomorrow? >> somehow i don't think so. karen let me explain something to you. you want to say yes. there will be huge news. >> i'm going to be watching you for huge news about what happens in the white house tomorrow. >> coming up, there will be my prediction of who will win the senate seat in massachusetts. i am ready to pick a whipper in that race....
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let's get to mike emanuel on capitol hill. how much stock are lawmakers putting in the white house meeting? >> depends who you ask. some republicans expressed concern it may be for show, essentially going to the white house, having a big meeting that everybody's talking about for the appearances that they're doing something. other suggest it's critical because time is running out. >> the window may be ajar but it's not wide open. and unless it closes -- or opens entirely today and there's a deal, it's more likely to close than stay open. in other words, if we don't have a deal in the next 24 hours, the question is where do you buy a parachute. it looks like we'll be going over the cliff. the closer we get to the end, the less likely it is you're going to be able to compress an agreement into place to have enough votes to pass. >> while rebounds and democrats may not agree on a lot. we heard from republicans and democrats that time is becoming critical and they're feeling the pressure of the calendar. >> trace: as you talk to l
let's get to mike emanuel on capitol hill. how much stock are lawmakers putting in the white house meeting? >> depends who you ask. some republicans expressed concern it may be for show, essentially going to the white house, having a big meeting that everybody's talking about for the appearances that they're doing something. other suggest it's critical because time is running out. >> the window may be ajar but it's not wide open. and unless it closes -- or opens entirely today and...
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karen, is she still miked? >> yes, i am. got one more day. >> you think you are going to have big news to report tomorrow? >> somehow i don't think so. karen let me explain something to you. you want to say yes. there will be huge news. >> i'm going to be watching you for huge news about what happens in the white house tomorrow. >> coming up, there will be my prediction of who will win the senate seat in massachusetts. i am ready to pick a whipper in that race. tweet me your guess s. you can tweet your guess s about who will win the race. the guys in the vatican, don't want other guys to be married. if they are gay. [ male announce] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile tra
karen, is she still miked? >> yes, i am. got one more day. >> you think you are going to have big news to report tomorrow? >> somehow i don't think so. karen let me explain something to you. you want to say yes. there will be huge news. >> i'm going to be watching you for huge news about what happens in the white house tomorrow. >> coming up, there will be my prediction of who will win the senate seat in massachusetts. i am ready to pick a whipper in that race....
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mike tobin is live in houston. nicecy as ever, mike. >> reporter: feisty as ever. the people around the former president george herbert walker bush are being frugal with the information they're giving part in part because this is someone so beloved because people will overreact when they get any information. that being said he is behind me in the intensive care unit at methodist hospital where he has been since sunday dealing with what is described as a stub born fever. the fever resulting from a case of bronchitis that hospitalized former the president in late november. all this being said the staff is acknowledging that the president is pretty sick and as you mention he is 88 years old. they are trying to keep things light. the releases are generally pretty humerous. they're trying to tamp down that the his condition is dire. he has been conversational, even joking with the nursing staff, some of the characteristic humor we've come to know from the former president and that is where we get that quote, that you can put the harps back in the closest. all that being
mike tobin is live in houston. nicecy as ever, mike. >> reporter: feisty as ever. the people around the former president george herbert walker bush are being frugal with the information they're giving part in part because this is someone so beloved because people will overreact when they get any information. that being said he is behind me in the intensive care unit at methodist hospital where he has been since sunday dealing with what is described as a stub born fever. the fever...
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mike emanuel looks at the action in congress today. first, chief white house correspondent ed henry is in the briefing room where the president just spoke. >> you heard the president himself pleading with republicans and democrats on the hill, too, in his words to at least meet the one deadline, saying that the grand bargain, $4 trillion debt deal is far out o reach. but thinks they can at least do a modest package to prevent everyone's taxes going up at the end of the year. it note he made clear that this was only a possible agreement. they said he was only modestly optimistic, as the senate leaders right now, start work on just trying to scramble to put together some sort of a deal. >> timing, we are out of time. the next if hours will be important. >> with the nation on the vernal of the largest tax increase since world war ii, president obama called congressional leaders to white house for one last desperate shot at deal. max baucus says he sees a slim down agreement starting to gel, because the pressure on all sides is
mike emanuel looks at the action in congress today. first, chief white house correspondent ed henry is in the briefing room where the president just spoke. >> you heard the president himself pleading with republicans and democrats on the hill, too, in his words to at least meet the one deadline, saying that the grand bargain, $4 trillion debt deal is far out o reach. but thinks they can at least do a modest package to prevent everyone's taxes going up at the end of the year. it note he...
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mike to be inch is live in houston. what kind of update do you have for us? >> reporter: we are in a position to say right now that no news is good news. spokes people for the former president have indicated that they will be pretty judicious with information, partly out of concern that this is such a beloved former president that people will overreact with any information they get. that being said, president george herbert walker bush is very sick and inventory tensive care at the moment. he was admitted to the hospital in late november with a pretty significant case of bronchitis which triggered a series of complications including a fever, a subject born fever that the former president can't seem to shake. he's in intensive care right now. they indicated they are not in a hurry to move him from the hospital while he is in this condition an is in fact 88 years old. we have a line from one of the staff members kind of reflective of the former president's dry witt, sayin wit saying you can put the harps back in the closet. patti ann: he has issued a statement
mike to be inch is live in houston. what kind of update do you have for us? >> reporter: we are in a position to say right now that no news is good news. spokes people for the former president have indicated that they will be pretty judicious with information, partly out of concern that this is such a beloved former president that people will overreact with any information they get. that being said, president george herbert walker bush is very sick and inventory tensive care at the...
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mike joins us on fox 5 morning news. >> this is a markee matchup. the -- marquee matchup, the first game since 1979. the first two teams have met where there is play-off implications for both squads. >> wow. >> and there is some other games over the years between the teams, the redskins were bidding for a play-off spot and cow on you boys locked up the nfc east and they won the division 2007 and with shawn taylor. the cowboys won a division. this game is huge. many, many people are envious of the cowboys. they hold this mystique and there is a sense of arrogance and they star in the helmets and into the new stadium and god can watch them play. [ laughter ] >> and you want to stick it to the cowboys and there is this hatred toward the cowboys. >> right. >> and can you see the entire interview on the website. >>> and we asked facebook fans for predictions on the big game. heather said we beat the cowgirls at thanksgiving and we'll get them -- beat them sunday, too. allison doesn't agree saying the cowboys will win, quote, sending the deadskins home to
mike joins us on fox 5 morning news. >> this is a markee matchup. the -- marquee matchup, the first game since 1979. the first two teams have met where there is play-off implications for both squads. >> wow. >> and there is some other games over the years between the teams, the redskins were bidding for a play-off spot and cow on you boys locked up the nfc east and they won the division 2007 and with shawn taylor. the cowboys won a division. this game is huge. many, many...
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. >> mike, how -- again, not to oversimplify this thing, but how did we get here? i think most folks following this fairly closely assumed that as is the case with a lot of things in washington, d.c. that at the 11th hour withere will ba deal that gets done. there are a lot of folks involved in the deal making saying, it won't happen this time. >> well, look. i think ari is right in one real respect which is they set this up, you know, more than a year ago as a way of trying to provide counter pressure to the political pressures that exist across the board on all of these lawmakers and these individual districts. they thought that the pressure, the scare tactic that they put on themselves of deep defense cuts on the one side and deep cuts to domestic programs on the other side forces everybody to the table. it clearly turned out that in the wake of the election we had, the pressures in their districts, the threat of being primaried especially on the republican side meant that folks aren't willing to move as quickly and put themselves in this bind. i've talked to a
. >> mike, how -- again, not to oversimplify this thing, but how did we get here? i think most folks following this fairly closely assumed that as is the case with a lot of things in washington, d.c. that at the 11th hour withere will ba deal that gets done. there are a lot of folks involved in the deal making saying, it won't happen this time. >> well, look. i think ari is right in one real respect which is they set this up, you know, more than a year ago as a way of trying to...
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mike tobin is live outside methodist hospital with the latest. mike? >> reporter: the latest, gregg, the latest release we got included the phrase, continues to improve in relation to the former president's condition. the staff around the president have made an effort to keep the releases light and optimistic, all the while acknowledging that he is pretty sick and he is 88 years old. he is in intensive care where he has been since sunday dealing what we describe as a stubborn fever. the fever the result of complications from a case of bronchitis that hospitalized former president toward the end of november. now the staff around the former president have been pretty frugal in terms of the information that they are releasing and they say one of the reasons for that is george herbert walker bush is so beloved people get any information they can overreact. that being said they have told us that he has been interacting with the staff. if you ever have had the opportunity to meet former president bush he is a terribly funny guy. it is his style to crack joke
mike tobin is live outside methodist hospital with the latest. mike? >> reporter: the latest, gregg, the latest release we got included the phrase, continues to improve in relation to the former president's condition. the staff around the president have made an effort to keep the releases light and optimistic, all the while acknowledging that he is pretty sick and he is 88 years old. he is in intensive care where he has been since sunday dealing what we describe as a stubborn fever. the...
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people like the mike barnicles of the boston globe. a ton of columnists for new york, boston, washington, d.c., but there are other places as well. we tried to keep an eye out for maybe people we hadn't heard of. >> like the los angeles times. >> wonderful, wonderful writer, pete dexter, and there are lot of people like andy rooney, who everybody thinks of as a tv guy, who wrote a column three days a week. >> in this volume, which is "scandals, tragedies and triumphs." read that brief excerpt. >> he's writing about a lot of the confusion and he's cutting through the confusion around the wmds and why we went to war in iraq. he says here, when i raised the mystery of the missing wmds recently, they fired a barrage of reproachable e-mails to me. but there are indications that the u.s. government souped up intelligence and leaned on spooks to change their conclusions and conceal contrary information to deceive people at home. >> the date? >> may 6, 2003. early and right. it doesn't get any better. >> do you think the first volume "deadline
people like the mike barnicles of the boston globe. a ton of columnists for new york, boston, washington, d.c., but there are other places as well. we tried to keep an eye out for maybe people we hadn't heard of. >> like the los angeles times. >> wonderful, wonderful writer, pete dexter, and there are lot of people like andy rooney, who everybody thinks of as a tv guy, who wrote a column three days a week. >> in this volume, which is "scandals, tragedies and...
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autonomy's exceo mike lynch continues to defend the company's accounting. he says hp has yet to give a detailed explanation of the allegations against autonomy's former management team. >>> coming up the latest on the debt negotiations. we're going to ask former republican senator judd gregg, democratic strategist julianne epstein if a compromise to avoid the fiscal cliff is possible. plus find out how soon your paycheck will shrink if we go off the fiscal cliff. we're going to talk to the ceo of a payroll company. "squawk" is back after this short break.'m onna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. [ male announcer ] this decr, r you can stay in and share something
autonomy's exceo mike lynch continues to defend the company's accounting. he says hp has yet to give a detailed explanation of the allegations against autonomy's former management team. >>> coming up the latest on the debt negotiations. we're going to ask former republican senator judd gregg, democratic strategist julianne epstein if a compromise to avoid the fiscal cliff is possible. plus find out how soon your paycheck will shrink if we go off the fiscal cliff. we're going to talk to...
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if you would mike to register you need a $300,000 cashiers check as a deposit. it was all going so well until the numbers came out. >> are the shoes included? >> they better be. >> shoes. that's great. >> 41 million when it's all said and done something like that. >> did i hear this right? 5,000-square-foot patio? >> deck. >> the deck. >> right on the cliffs there overseeing the beautiful bay. >> we need to win the lottery. >> someday. >>> business now. stock futures headed south as the white house stages that last-ditch effort on taxes and spending. erica ferrari of cbsmoneywatch.com joins us now with an early check on your dollars. good morning. >> reporter: good morning. asian markets guilty a boost on word president obama will meet congressional leaders again today to try to hammer together a last-minute plan to avoid the so-called "fiscal cliff." tokyo's nikkei gained nearly 1%. hong kong's hang seng added .25%. >>> news of more budget talks sent wall street on a roller coaster ride thursday. stocks ultimately ended the session lower for a fourth consecutiv
if you would mike to register you need a $300,000 cashiers check as a deposit. it was all going so well until the numbers came out. >> are the shoes included? >> they better be. >> shoes. that's great. >> 41 million when it's all said and done something like that. >> did i hear this right? 5,000-square-foot patio? >> deck. >> the deck. >> right on the cliffs there overseeing the beautiful bay. >> we need to win the lottery. >> someday....
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we had just a news conference today, the only republicans that came to the mike today came to the microphone to talk about entitlements here on the senate side, about medicare. they see that as the gaping hole in the united states budget and many of them are frustrated that so far there really has not been any specific plan from the white house to try and deal with it. also remember, unemployment benefits run out tomorrow. so the fiscal cliff actually starts tonight. >> jessica, it was an interesting statement put out recently by a republican thinker who said that he thinks the president -- peekispeaking of t president, there he is. >> good afternoon, everybody. for the past couple of months, i've been working with leaders of both parties to try and forge an agreement that would grow our economy and shrink the deficit, a balanced plan that would cut spending in a responsible way but also ask the wealthiest americans to pay a little more. and above all, protect our middle class and everybody who's striving to get into the middle class. i still want to get this done. it's the right thing to do
we had just a news conference today, the only republicans that came to the mike today came to the microphone to talk about entitlements here on the senate side, about medicare. they see that as the gaping hole in the united states budget and many of them are frustrated that so far there really has not been any specific plan from the white house to try and deal with it. also remember, unemployment benefits run out tomorrow. so the fiscal cliff actually starts tonight. >> jessica, it was an...
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the ex ceo mike lynch continues to defend the company's accounting practices. hewlett packard, a little higher in german trade this morning. but down by 20% of its value. >> not a pretty quarter for hewlett packard. >>> brent crude has climbed above the $100 a barrel mark as u.s. lawmakers attempt to avoid the fiscal cliff. but crude is poised to post its smallest gain in three years. wti is set to post its first annual last in four years. ian, welcome. we've seen this sharp decline in oil prices helping seek through to prices with a lot of americans in the last several weeks. when we look to 2013, should we expect a similar seasonal pattern which is to say a rally during the first part of the year? >> no. i'm not expecting a rally in the fist part of the year, to be honest. what we're still trying to take is the impact of shale oil, shale gas. and i think probably in 2012, the impact was -- or rather the implications of the impact were a much higher than expected. this year it's going to be interesting to see how the rest of the global acts with the new higher
the ex ceo mike lynch continues to defend the company's accounting practices. hewlett packard, a little higher in german trade this morning. but down by 20% of its value. >> not a pretty quarter for hewlett packard. >>> brent crude has climbed above the $100 a barrel mark as u.s. lawmakers attempt to avoid the fiscal cliff. but crude is poised to post its smallest gain in three years. wti is set to post its first annual last in four years. ian, welcome. we've seen this sharp...
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into thanks, mike. tune in tomorrow >>> we are back now with more of "today" on this friday morning. it's the 28th of december, 2012. we have a great crowd. a birthday girl here on the plaza. they're happy. they're bundled up. they're smiling. they're getting ready to party as new year's eve is almost upon us. we say good morning to them. i'm savannah guthrie alongside willie geist in for matt. have you made any new year's resolutions? >> not yet. i never finish them. what's the point? >> we're going to give you advice on how to best keep your new year's resolutions. a lot of us have them. keeping them is the tricky part. >>> some people, i'm told, like to have a drink or two on new year's eve. we're going to give you some special drinks, new cocktails you may want to sample yourself on monday night. >>> and in "today's" take three, something a lot of people may be grappling with, when to take down the christmas tree. some people say wait until after the new year. some people say immediately. >> some pe
into thanks, mike. tune in tomorrow >>> we are back now with more of "today" on this friday morning. it's the 28th of december, 2012. we have a great crowd. a birthday girl here on the plaza. they're happy. they're bundled up. they're smiling. they're getting ready to party as new year's eve is almost upon us. we say good morning to them. i'm savannah guthrie alongside willie geist in for matt. have you made any new year's resolutions? >> not yet. i never finish them....